Form 4: SelectQuote CFO Clement Ryan Moore Reports Stock Transactions
SEC Form 4 Filing
Clement Ryan Moore, CFO of SelectQuote, Inc., reports the vesting and disposal of restricted stock units to cover withholding taxes.
Summary
- On August 1, 2024, Clement Ryan Moore, the Chief Financial Officer of SelectQuote, Inc., engaged in transactions involving SelectQuote's common stock and restricted stock units.
- Moore acquired 16,226 shares, 88,889 shares and 11,111 shares of common stock through the vesting of restricted stock units.
- Moore disposed of 34,114 shares to satisfy withholding taxes at a price of $4.01 per share.
- Following these transactions, Moore directly owns 129,479 shares of SelectQuote common stock.
- The transactions involved both time-based and price-vested restricted stock units granted under the company's 2020 Omnibus Incentive Plan.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider transactions and doesn't necessarily reflect broader industry trends.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in insider ownership.
Key Dates
| Date | Description |
|---|---|
| 08/01/2024 | Date of earliest transaction (vesting and disposal of shares) |
| 08/01/2024 | Price-vested restricted stock units are eligible to vest in three ratable annual installments commencing on this date |
| 08/05/2024 | Date of signature for the Form 4 filing |
| 08/01/2028 | Expiration date for Price-Vested Restricted Stock Units |
| 08/01/2032 | Expiration date for Restricted Stock Units |
| 09/13/2033 | Expiration date for Restricted Stock Units |
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